Business & Finance
SBM posts record revenues of €861.6 million as American clientele drives Formula 1 boom
SBM reported record revenues of €861.6 million for 2025/2026, up 12%, with net profit of €112.9 million. North American visitors are now the group’s leading clientele, with Formula 1 a key driver of growth.
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Monaco real estate 2025: high-value flips, limited new supply and a revamped price index
Monaco’s property market held at €5.9bn in 2025, but behind the steady headline, record resales, fewer new builds and a new pricing model reshaped the real estate landscape.
Financial watchdog recognises Monaco improvements but calls for sanctions boost
International financial watchdog recognises progress in suspicious transaction reporting while noting all agreed deadlines have passed with further work required.
Former palace administrator Claude Palmero publishes tell-all book
The ousted official has released 'Monaco Interdit', a book in which he claims to recount more than 20 years managing the Crown's assets — and the circumstances of his dismissal.
Monaco Yacht Show organiser Informa to lead Cannes AI summit series
The events company behind Monaco Yacht Show and Top Marques Monaco will integrate the artificial intelligence festival into its global AI Summit Series.
Monaco Government responds to Fontvieille Shopping Centre strike
The Monaco Government has promised to continue dialogue with traders following Monday's strike at the Fontvieille Shopping Centre, where approximately 80% of shops closed their doors in protest.
Guillaume Ranvier appointed General Manager of Hôtel Hermitage Monte-Carlo
The new General Manager arrives from Four Seasons George V in Paris as the historic palace prepares to unveil renovated suites and a new bar.